How To Stake $Tenet In Less Than A Minute

How to stake $TENET in less than a minute

May 29, 2023 written by 01NODE

Hey 01noders,

We’ve another interesting staking tutorial blog for you. Tenet Network, a cutting-edge layer 1 blockchain which natively supports LSDfi, increasing capital efficiency for users of neighbouring chains and allowing DeFi protocols that benefit from several yield sources, offers exciting staking opportunities for users on both PC and mobile devices. $TENET token staking goes live TODAY, it good to note that delegations comes at a later stage.

So in this blog post, we will walk you through the staking process on Tenet Network, providing step-by-step instructions for both PC and mobile users. So, let’s dive in and explore how you can start staking on Tenet Network!

Using MetaMask / Trust Wallet

Staking on PC

  1. Go to staking.tenet.org: Visit the official Tenet Network staking website via your web browser.
  2. Connect your wallet: Connect your wallet to the Tenet Network staking platform. This will allow you to access your funds securely.
  3. Confirm the chain: Ensure that you are on the correct chain, either the TENET Mainnet or Ethereum chain. This step is crucial to avoid any issues during the staking process.
  4. Approve the wallet: Click on the “approve” button to authorize your wallet’s interaction with the staking platform. This step establishes the necessary permissions for the staking transaction.
  5. Enter the staking amount: Specify the amount of cryptocurrency you wish to stake on the Tenet Network. This amount will determine your staking rewards and participation level in the network’s consensus mechanism.
  6. Confirm the staking transaction: Verify all the details of your staking transaction and click on the “confirm” button to initiate the staking process. Once confirmed, your funds will be locked for the staking period, and you can start earning rewards!

Staking on Mobile

  1. Open your wallet dApp Browser: Launch the dApp browser within your mobile cryptocurrency wallet. This feature allows you to access decentralized applications, such as the Tenet Network staking platform.
  2. Visit staking.tenet.org: Type staking.tenet.org into the search box of your wallet’s dApp browser. This will take you to the official Tenet Network staking website.
  3. Confirm the chain: Ensure that you have selected the correct chain – either the TENET Mainnet or Ethereum chain – to avoid any compatibility issues.
  4. Connect your wallet: Connect your mobile wallet to the Tenet Network staking platform by following the instructions provided. This connection enables secure interaction with your funds.
  5. Approve the wallet: Click on the “approve” button to grant the necessary permissions for your wallet to interact with the Tenet Network staking platform.
  6. Approve the wallet (additional step): Some wallets may require an additional approval step. If prompted, follow the on-screen instructions to complete the approval process successfully.
  7. Enter the staking amount: Specify the amount of cryptocurrency you wish to stake on Tenet Network, just as you would on the PC version.
  8. Confirm the transaction: Review all the transaction details carefully and confirm the staking transaction. Once confirmed, your funds will be locked for the staking period, and you can start earning rewards on the Tenet Network.

Conclusion

By following the step-by-step instructions outlined in this guide, you can easily start staking your cryptocurrency on the Tenet Network. Whether you prefer using a PC or mobile device, Tenet Network provides a seamless staking experience that allows you to earn rewards while supporting the network’s operations. So, seize the opportunity and become an active participant in Tenet Network’s staking ecosystem. Stake today, earn tomorrow

We breathe, we give! #WePlant